Crypto, short for cryptocurrency, refers to a digital or virtual currency that uses cryptography for security and operates independently of a central bank. Trading crypto involves buying and selling these digital currencies, often with the aim of making a profit.
Crypto trading can take place on specialized cryptocurrency exchanges, which allow traders to buy and sell various cryptocurrencies. Traders can also use derivatives such as futures and options to trade crypto, as well as engage in margin trading, which involves borrowing funds to increase the size of their trades.
Crypto trading can be highly volatile, with prices fluctuating rapidly based on a variety of factors such as supply and demand, news events, and regulatory changes. Traders need to be aware of the risks involved and have a solid understanding of the market before engaging in crypto trading.
Crypto trading has gained immense popularity over the past few years and for good reason. With the rise of cryptocurrencies such as Bitcoin, Ethereum, and Ripple, people are increasingly turning to these digital assets as an alternative form of investment. Here are some reasons why you should consider trading crypto:
Cryptocurrencies are decentralized, which means they are not controlled by any central authority or government. This makes them less vulnerable to manipulation and interference from external parties.
Cryptocurrencies are highly liquid assets, which means they can be easily converted into cash.
Compared to traditional financial systems, transaction fees for cryptocurrencies are significantly lower.
Cryptocurrencies are accessible to anyone with an internet connection, regardless of their location. This makes it easier for people to trade.
Cryptocurrencies have the potential to generate high returns for traders and investors.
Take profits from the rise and fall of markets. Go long or short or even hedge
These companies can be subdivided into several categories, based on the industry, region, or exchange they are traded on, With TradeFxP Ltd CFDs along with other instruments, you can profit from the 10 most popular indices, including Dow Jones, NASDAQ, Nikkei, and Eurostoxx 50.
Trade rising and falling prices on leverage create the most volatility.
Enhanced liquidity indicates there's more possibility of executing your trade at your desired price.
Conserve your capital with assured stops. Safely and efficiently deposit funds.
Speculate on more than ten main cryptocurrencies and crosses, or get wide frontage with our index.
Exercise trading forex on a demo account, in an atmosphere with lowered risk.
Margins
CFD trading is a state of leveraged trading, indicating you can succeed or relinquish, a considerable portion more than you deposit originally. Though not really a cost to you, the margin you pay creates a significant contrast to the affordability of your trade.
Market |
Retail Margin |
Bitcoin | 10.00% |
Ether | 10.00% |
Bitcoin Cash | 10.00% |
Litecoin | 10.00% |
EOS | 10.00% |
Stellar | 10.00% |
NEO | 10.00% |
Crypto 10 index | 10.00% |
Polkadot | 10.00% |
Dogecoin | 10.00% |
Chainlink | 10.00% |
Uniswap | 10.00% |
Spreads
Your essential cost for trading cryptocurrencies is the spread – the disparity between the buy and the selling price – which is basically our fee for running your trade. We perform to keep our spreads among the most downward in the industry.
Markets |
CFDs / MT4 |
Bitcoin | 36 |
Ether | 12 |
Bitcoin Cash | 2 |
Litecoin | 0.4 |
EOS | 4 |
Stellar | 0.2 |
NEO | 0.2 |
Crypto 10 index | 38 |
Polkadot | 14 |
Dogecoin | 29.3 |
Chainlink | 0.17 |
Uniswap | 16 |